News Archives

Jul31
US keen to overseas investors
With a gasping economy to deal with, Bush administration is opening up to investment from abroad. It is also proactively asking US big and small corporations to seize the opportunities to rebuild their equity fast. Recently, Temasek Holdings, an investment...
Jul31
Dell to compete with Apple, readying an iPod rival
In the recent months, personal  computer maker Dell, has been testing a digital music player that could go on sale as early as September, reports Wall Street Journal. Dell’s new foray would put it into an Apple-led market that has... Continue Reading
Syntel delivers good result, revenue crossed $100mn
it looks good when even in the difficult economic scenerio outsourcing firms put up good result in the stock market.Nasdaq-listed Syntel, the business process outsourcing firm with operations in India, reported its second quarter results ended March 31, 2008. The... Continue Reading
Adventity joins hands with FMT Worldwide to combat Internet transaction fraud
As global paymemnt and card associations are increasingly becoming vulnerable to internet fraudsters, it makes good business sense to develop an end-to-end managed service solution to combat "card-not-present" fraud over the Internet.According to APACS, the UK payments association, UK card-not-present... Continue Reading
Jul30
oDesk has raised $15Mn outsourcing development
The outsourcing freelancing company oDesk which bridges the gap between small comapnies and devlopers, coders, designers and engineers has has raised $15 million in a Series C funding round led by DAG Ventures. Existing investors Benchmark Capital, Globespan Capital Partners,... Continue Reading
Jul11
National Australia Bank to outsource 400 jobs
Normal 0 OZ Bank, National Australia Bank is planning to send 400 information technology jobs to India in a phased manner.  This news comes in continuation with the selection of technology companies like Infosys, Satyam and Oracle for developing... Continue Reading
 


WNS acquires India`s Aviva BPO for $230 million
Google Lively: Search engines' foray into virtual world...wasn't it already?
Following Countrywide Financial Corp acquisition Bank of America sacking 12.5% workforce
Nationwide Building Society to outsource from BT
HTMT eyes presence in Europe
Europe signs one third of the outsourcing deals in first quarter of 2008
Wipro Chairman Azim Premji gets a salary cut
Satyam acquires Sciformix, share stumbles at stock market
Indian software companies going gung ho on R&D
Outsourcing to America!!
Australia losing jobs to overseas outsourcing countries
WNS wants to eat FirstSource
ArcelorMittal signs agreements with Satyam, Mindtree
AT&T call center agents on strike for salary hike, media mute
HP CEO guilty of security lapse in BPO rape case
TCS cuts salary, err...variable pay
Boeing enters into a technology venture with Wipro,HCL and IISC
Alang to outsource the asbestos removal process
IBM India follows Bharti and Idea with Vodafone Essar
$70 billion not enough for Pentagon to take care of 911 memorial
Outsourcing in India hit by Internet disruption
IT skill gap widening in UK
Sony Ericsson´s new handsets will be outsourced from Taiwan
Yahoo to shed thousands employees today
Second Life: IBM to expand in India, China, Hong Kong, Taiwan and Korea
DHL Express sale is not happening: DPWN
Mobile operators outsourcing more gaming work
Sri Lankan Govt to promote outsourcing & IT services
Malaysia media, entertainment and animation outsourcing market
Asia Pacific gets more global share in outsourcing
Americans are not game with Made in China products
US slowdown: Wipro not worried
Rural BPO: Some outsourcing jobs moving to rural villages in India
Deutsche Post outsources IT administration to Hewlett-Packard
Clutch Group opens LPO center in Bangalore, India
Arnold Schwarzenegger not doing a Bollywood movie, informs his media department
Cognizant, Infosys chasing Wal-Mart IT deal
Standard Chartered, Credit Suisse & DBS Group buys 1/3rd stake in Interglobe Technology for $140 million
Infosys Q3 profit up 25%
UAE Outsourcing: IT outsourcing to only grow

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